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states of america is in fact a safe bet. markets could go haywire. jon: well the naysayers have pointed out the president is wrong on that, because the treasury is collecting tax revenue every single day. we'd be able to pay a lot of the bills that he's talking about. >> that's absolutely right. i was watching the clock as you were playing that click, in the time according to your math in the time it took to run that clip we went $1.1 million more in debt. someone else can check my math. the simple fact is all this talk about default and if we don't do this we will default on our debt and all the rest, this is the democratic talking point, this is the democratic -- democratic administration that is using default as a bargaining chip. they are the ones who say if you had put any conditions on what we want to do, in terms of unlimited more borrowing, we are going to default. well that is a condition. to basically say that you're not going to have any kind of strange restraint, you're not going to chain it to gpi. you're simply saying you're going to borrow more with no strings attach that
. and when that doesn't happen, you can bet i'm going to raise a stink. i think that's a healthy impulse. if you look at what business as usual has gotten us here in washington over the past couple decades, i think it's a good thing that the congress would do well to have more people whether they be conservative or liberal who want to sort of break up this established order of things. jon: yeah. jenna: some great insights from steven hayes. we'll hear from you throughout the day, i'm sure, stephen, on this. as steven pointed out, 2010 was really defined by the tea party. what will define this next congress? what will we see as we take a look, if we can as well, on the house as the votes continue. we expect the results in the next hour or so. just an interesting point of trivia for you, eric cantor, congressman eric cantor, sometimes questioned about his loyalty to speaker boehner just cast his vote, and he voted for john boehner to maintain his speakership. we'll be right back with more "happening now." against these digestive issues with three strains of good bacteria. live the regular
bet to a shotgun will keep you a lot safer. a double barrel shotgun and somebody's using an assault weapon instead and it's harder to use an assault weapon and a shotgun. >> biden also says it is more urgent to ban high-capacity magazines as well. arthel: it seems that the renewal on the assault weapons ban is still a bit of a stretch. >> critics say that when dianne feinstein was in office and congress failed to reauthorize it, what is being proposed is not banning all weapons, but dealers could so what they have in stock. the makers say it is disappointing but not surprising that senator feinstein is focusing on curtailing the constitution instead of prosecuting criminals and focusing on our broken mental-health system. they say that finds him has been trying to ban weapons for decades. she was president of the san francisco board of supervisors in the late 1970s and she was there when a disgruntled member killed two people on the board. jon: let's bring in jonah goldberg. he is a fox news contributor. it is said that mr. obama plans to take a more combative approach on gun contro
, let me tell you this. i bet the president wouldn't give his inaugural speech before the election. i bet he wouldn't say some of the things he said in the inauguration before the voting took place. the bottom line for the last 4 1/2 years the president tried to portray himself as a centrist who believes government should be limited. now he won the second and final re-election he no longer pretends to believe that he unabashed believer that more government is right answer. i look forward to the debate. i don't think that is one he can win. he doesn't have history on his side. he doesn't have economics on his side. we're beginning to see proof in the last three months of last year the american economy shrunk and it shrunk under this president because of his poll is. jon: everyone is looking at you as a possible presidential contender four years from now. are you thinking about it? >> no. i'm thinking about doing my job here. if you do a good job at the job you have right now you will have opportunities to do things you never imagined. that is what i'm focused on now. i get paid every t
their paychecks. investors around the world will ask if the united states of america is in fact a safe bet? markets could go haywire. >> reporter: and of course the president wants voters to think that it is all the republicans fault. paul ryan, the powerful chairman of house budget committee said given the nature of divided governay thinn terms of gridlock, republicans may have to approve the short-term extension in order to have time to come up with a grander deal to deal with the long-term debt and deficit. jon: argument goes on. carl cameron in washington thanks. jenna: a femme-fatale or a woman of fate? a major development in the case of a woman on trial for the murder of her boyfriend. also some new details emerging in the story of manti te'o and his nonexistent girlfriend. when did the football star find out about the hoax and why did he keep the story going? questions we're looking for answers today on "happening now." ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerio
interesting. jim angle in washington, thank you. >> reporter: you bet. patti ann: well, "happening now," gas prices going up again. aaa saying the average for a gallon is now $3.36, that's five cents higher than a week ago, and adam shapiro is live from fox business network at the breaking news desk with more for us. hi, adam. >> reporter: unfortunately, what goes up may not be coming down anytime soon. you can blame warm weather for the increase in gas prices. aa reports that california is among the first big states where refineries are switching over the more expensive summer blend of fuel. the average price for a gallon of gas was up 12 cents from a month ago, and some analysts predict the price in california could predict up to 25 cents over the next two weeks. demand for gasoline also increases. it's a different story in other parts of the country though. drivers on the east coast, here in new york, for instance, and in the midwest are actually paying the most on average for gasoline. new york city filling up costs on average $3.83 while drivers in chicago are paying about $3.60 a gallo
to restrict individual rights. in this case the second amendment. he wouldn't suggest that i will bet that for freedom of speech the first amendment but the second amendment he wants to use the constitution, turn it on its head to restrict personal liberties. and we can't let that happen. jon: interesting that democratic majority leader harry reid in the senate is perhaps the biggest impediment to whatever the president might want to do here. >> he has a record of being very pro-second amendment and there's probably a handful or more of other democrats, particularly from rural states, and particularly because they're upfor re-election that i think it will be very difficult to get a bill through the united states senate banning guns but i think it will be easy to get a bill through making prosecution of straw purchasers, doing something on the mental health issues, getting the state to put all of their felons into our national database so people that shouldn't have guns can't get guns. and now, they can buy guns. jon: can't let you get away without asking you about immigration. that bi
weeks. cheryl, thank you. >> you bet. jon: after weeks of delay, secretary of state hillary clinton will testify on capitol hill about the benghazi attack on january 23rd. the secretary will face some tough questions from the house foreign affairs committee about the assault in september that left four americans dead including u.s. ambassador chris stevens. miss clinton was set you would to testify last month but she suffered a concussion falling during illness. italy suspends activity at its consulate. after one of the attacks on one of its diplomats. he was not hurt. >>> defense secretary leon panetta says the u.s. will not send ground troops to the western african nation of mali but it will provide intelligence and logistical support as france reports they are battling islamists who have seized part of the country. al qaeda doesn't pose a immediate threat to the u.s. but add that is their ultimate objective. to give you an idea what we're talking about, al qaeda militant groups control an area in mali, larger than the state of texas. >> reporter: greg palkot following the develop
if the united states of america is in fact a safe bet? markets could go haywire, interest rates would spike for anybody who borrows money, every homeowner with a mortgage, every student with a college loan, every small business owner who wants to grow and hire. it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us but for the worldwide economy. so we've got to pay our bills. and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit
Search Results 0 to 13 of about 14 (some duplicates have been removed)